Mark Dubowitz in the Media

Global Financial Group, SWIFT, Boots Iran Banks From Network

"Cutting Iranian banks off from the financial equivalent of the Union Nations is a meaningful step," Mark Dubowitz, an Iran sanctions expert with the Foundation for Defense of Democracies, told Yahoo News in an interview Thursday.

"It will greatly complicate Iran's ability to move billions of dollars through the global financial system," he said.

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"After years of incremental sanctions, there's no question that the Obama administration has turned the corner to an economic warfare strategy designed to cripple the Iranian economy and try to make [Iranian Supreme Leader] Ali Khamenei cry uncle," Dubowitz said, advocating still tougher measures aimed at destabilizing and further isolating the Iranian regime. "It's a welcome step, but not a silver bullet."